Federal Data Hub › PBGC Trusteed Plans · JSON

THE PENN TRAFFIC CO CASH BALANCE PENSION PLAN

PBGC Trusteed Plan · Case 20018500

The THE PENN TRAFFIC CO CASH BALANCE PENSION PLAN, a single-employer defined-benefit pension plan sponsored by THE PENN TRAFFIC COMPANY of SYRACUSE, NY, was terminated on 2004-01-21 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-02-23. At the date of termination the plan had 9,100 participants — current and former employees with vested retirement benefits.

When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.

Other plans from the same sponsor

PlanTerminatedParticipants
RIVERSIDE DIV-PENN TRAFFIC CO BARGAINING EMPLOYEE PENSION2010-01-252,793
BIG BEAR RETIREMENT PLAN2010-01-25628
PENSION PLAN FOR BARGAINING EMPLOYEES OF EASTERN PENNSYLVANIA2010-01-25193

All plans sponsored by EIN 250716800. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.